The title of the forum was arcane even by cryptocurrency standards: Web 3.0 Blockchain Application Cum Computing Power Overseas and Distributed Storage Conference.
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China weighing unprecedented penalty for Didi after US IPO
Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global after its controversial initial public offering last month, according to people familiar with the matter..
U.S. CUSTOMS FINDS EVASION OF ANTIDUMPING/COUNTERVAILING DUTIES ON QUARTZ SURFACE PRODUCTS FROM CHINA
The leading U.S. producer of quartz surface products, Cambria Company LLC, announces that U.S. Customs and Border Protection has preliminarily determined the existence of an illicit scheme by Simpli …
China floods: Good Samaritans show flood-hit Zhengzhou residents kindness
Residents hit by severe flooding in the city of Zhengzhou in central China have been given shelter by local businesses for free as the death toll rises.
Biden, Democrats’ lack of urgency towards China poses significant threat to America’s security
There is no time to lose and despite President Biden and congressional Democrats’ blunders, Republicans will remain steadfast in countering the CCP’s ruthless pursuit of power.
More than 1 in 10 Americans invested in crypto this year —- here’s how they differ from stock market investors
The stock market has more diverse offerings than the crypto market, but the opposite is true when it comes to the people investing in them. Some 13% of Americans have bought or sold a cryptocurrency…
Mozambique: Nine charged with illegal export of 76 containers of timber to China
Mozambique’s office of public prosecutions has charged nine people – eight Mozambique nationals and one Chinese – with involvement …
Beijing Has Tech Giant Didi In The Crosshairs
Chinese regulators are preparing to hammer ride-hailing giant Didi with a massive fine, or some other “unprecedented” punishment, such as de-listing …
Didi Joins China’s Worst U.S. IPOs After New Regulatory Pressure
Didi Global Inc. is quickly becoming one of the worst IPOs of this year among foreign companies on news China is mulling additional penalties — from fines to a delisting — for the ride-hailing giant…
US-Sanctioned Chinese Firm Helps Iran, Venezuela To Export Oil
A Chinese logistics company has become the key intermediary helping Iran and Venezuela to export their crude oil in defiance of the U.S. sanctions against the two OPEC members …
Didi falls 10% on reports that China is planning heavy penalties for the ride-share giant following its US IPO
Regulators were looking at a range of penalties. Measures could include forcing the company to delist or withdraw its US shares, Bloomberg reported.
China reportedly weighs ‘unprecedented’ penalties for Didi after US IPO
Just two days after Didi went public in the US at a valuation of $80 billion, China’s cybersecurity regulator revealed it was investigating the company over privacy concerns.
Didi Falls Again on Report of China Considering Serious Penalties Over IPO
Didi Global ADRs (NYSE:DIDI) fell over 5% in Thursday’s premarket trading following a report that authorities in China are considering slapping “serious, perhaps unprecedented” penalties on the …
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